This post explains how to account for asset purchases that aren’t businesses by allocating purchase costs based on fair values.
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Accounting for Acquisition of an Asset or a Group of Assets
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IFRS 18 Chart of Accounts Classifier
A basic classifier of the chart of accounts into the main P&L categories as defined in IFRS 18.
IFRS 18 MPM Identifier Skill
Skill that does the initial review of the relevant documents and outputs a first draft of the potential MPMs in line with the IFRS 18 requirements.
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